Добавить новость
ru24.net
World News in Dutch
Март
2016

Here's how much the top Wall Street banks have earned in fees this year

0

Reuters

It has been a miserable start to the year for Wall Street dealmakers.

Revenues from equity and debt deals and mergers and acquisitions have fallen off a cliff. 

Industry-wide global investment banking revenue is down 36% from the first quarter of last year. Revenues are down in pretty much every single business line.

And JPMorgan has taken home the biggest chunk of a shrinking pie, according to Dealogic's preliminary league tables for the first quarter. 

League tables are a contentious subject on Wall Street.

Banks use them when pitching for new business, and a good ranking means serious bragging rights.

But the league table-data can also be sliced up to make a bank's performance look better (by narrowing the field very narrowly, for example).  

Though they're based on estimates, these tables are the broadest possible and a closely-watched indicator of who is up and who is down. 

Here's how the banks stacked up this time around.

JPMorgan tops the table for total investment banking revenues.

Dealogic

JPMorgan has a 8.1% market share and $1 billion in total revenues for the year to March 23. It is followed closely by rival Goldman Sachs, with $899 million and a 7.0% share. Bank of America was in third place, with $854 billion.

Global investment banking revenue was $12.8 billion for the period, down 36% compared to the first quarter of 2015.

 



JPMorgan tops the table for M&A too.

Dealogic

JPMorgan is top of the table for M&A too, with $511 million in revenues, narrowly ahead of Goldman Sachs in second, with $499 million. 

M&A revenue was a bright spot last year, but the market has slowed more recently. M&A fees are down 24% from the first year of 2015. M&A revenues across the industry stand at $4.4 billion, down from $5.8 billion.



And equity capital markets.

Dealogic

JPMorgan ranks top in equity capital markets too, ahead of Morgan Stanley and Goldman Sachs, which $187 million in fees. 

Total ECM fees are down more than 50%, dropping from $5.2 billion to $2.3 billion. 



See the rest of the story at Business Insider



Moscow.media
Частные объявления сегодня





Rss.plus
















Музыкальные новости




























Спорт в России и мире

Новости спорта


Новости тенниса